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AUD/USD Price Forecast: Remains on the defensive below 0.7100; US CPI report awaited
The AUD/USD pair oscillates in a narrow trading band below the 0.7100 mark through the Asian session as traders move to the sidelines ahead of Friday's release of the latest US consumer inflation figures.
Fxstreet
Fri, Feb 13
USD/CHF gathers strength to near 0.7700 ahead of Swiss, US CPI inflation releases
The USD/CHF pair trades in positive territory near 0.7700 during the early European session on Friday. Growing expectations that the US Federal Reserve (Fed) will not cut interest rates in the near term provide some support to the Greenback against the Swiss Franc (CHF).
Fxstreet
Fri, Feb 13
AUD/JPY trades with positive bias around mid-108.00s, lacks bullish conviction
The AUD/JPY pair struggles to capitalize on a modest Asian session uptick and remains close to a nearly two-week low, touched the previous day. Spot prices currently trade just below mid-108.00s, up less than 0.20% for the day, and seem poised to register weekly losses.
Fxstreet
Fri, Feb 13
EUR/USD Price Forecast: Tests nine-day EMA support near 1.1850
EUR/USD remains in the negative territory for the fourth successive session, trading around 1.1870 during the Asian hours on Friday. The 14-day Relative Strength Index (RSI) momentum indicator at 56 stays above the midline, confirming steady momentum.Fxstreet
Fri, Feb 13
USD/INR steadies as Asian currencies stabilize, RBI intervention eyed
USD/INR steadies on Friday after recording modest losses in the previous session. The pair is likely to trade within the 90.50–91.00 range, as Asian currencies show signs of stabilization while investors remain cautious amid prevailing risk-off sentiment.Fxstreet
Fri, Feb 13
Canadian Dollar holds losses near 1.3600 as US jobs data dims Fed rate cut expectations
The USD/CAD pair posts modest gains around 1.3615 during the Asian trading hours on Friday. The US Dollar (USD) edges higher against the Canadian Dollar (CAD) amid expectations that the Federal Reserve (Fed) will not cut interest rates in the near term.
Fxstreet
Fri, Feb 13
British Pound consolidates around 1.3600 vs. USD; looks to US CPI for fresh impetus
The GBP/USD pair remains on the defensive through the Asian session on Friday, though it lacks bearish conviction and holds above the 1.3600 mark as traders await the release of the US consumer inflation figures before placing directional bets.
Fxstreet
Fri, Feb 13
Australian Dollar gains as RBA signals inflation concerns
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday after posting losses of more than 0.5% in the previous session. Still, AUD/USD may find support from cautious sentiment surrounding the Reserve Bank of Australia (RBA) policy outlook.Fxstreet
Fri, Feb 13
Japanese Yen bears seem hesitant; USD/JPY remains below 153.00 as traders await US CPI
The USD/JPY pair gains some positive traction during the Asian session on Friday and moves away from an over two-week low, around the 152.30-152.25 region, touched the previous day. Spot prices, however, lack bullish conviction and currently trade and remain below the 153.00 mark amid mixed cues.
Fxstreet
Fri, Feb 13
GBP/JPY Price Forecast: Slides as risk-off surge boosts the Yen
The Pound Sterling tumbles on Thursday, down 0.36% in the day as risk aversion boosted the safe-haven appeal of the Japanese Yen. Renewed AI disruption fears sent Wall Street plunging, while haven assets like Gold, Silver and the US Dollar failed to gain traction.Fxstreet
Thu, Feb 12
USD/JPY sinks back below 153.00 as undaunted Yen continues to climb
The Japanese Yen strengthened past 153 per US Dollar on Thursday, rising for the fourth straight session after Prime Minister Sanae Takaichi's decisive general election victory on February 8 gave her a clear mandate to pursue expansionary fiscal policy.Fxstreet
Thu, Feb 12
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